DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 3.330000000 is considered certain.

Caution: A possible change in the direction of the resistance line at 3.577000000 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.577000000 – 3.595000000 – 3.675000000 – 3.330000000 – 3.459000000 – 3.496000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji